Will there be a rate cut tonight? If not, will Bitcoin and Ethereum face another significant drop?
At 02:00 on June 19th, the Federal Reserve will announce its latest interest rate decision, with the previous rate at 4.5%.
According to predictions from the Chicago Mercantile Exchange, there is a 99.9% probability that the rate will remain unchanged at 4.5%.
If there is no rate cut this time, will Bitcoin and Ethereum experience further declines?
If the market generally expects a high probability of a rate cut before this, but the decision does not result in a cut, leading to unmet expectations, the short-term market will react violently, and confidence will be low in the medium term, creating a gloomy sentiment.
Just like last December when the rate was cut, the market did not continue to heat up; instead, the rate cut expectations fell short, leading to significant disappointment and further declines, leaving the market lacking confidence in recent months.
However, up to now, the market has accepted the expectation of 'no rate cut'.
Some even hold a pessimistic attitude, feeling that this year's rate cut has become uncertain, and the market remains stagnant, with altcoins hitting new lows. Even if there is a rate cut, they do not expect a favorable market.
In such circumstances, there is not much worse news to worry about.
Therefore, even if there is no rate cut in June, the impact on the market will be very limited, as it has already been digested.
On the contrary, if there is no rate cut in June, the probability of a rate cut in July and September will increase as the time approaches, leading to a greater chance of a cut.
If a piece of good news exceeds expectations at that time, it could easily create a significant ripple effect.
Tonight's strategy is being laid out; follow Brother Jie and have nine meals a day! You can choose to earn more or less, but the opportunity is only given once. If you want to get on board, hurry up; don’t wait until others have profited before you regret it!
The market waits for no one; hesitation is a missed opportunity!

